For saleSingle family

$249,900

4028 Perry Ave N

Robbinsdale MN 55422

3 beds, 1.5 baths, 2,016 sqft

4028 Perry Ave N is a 3 beds, 1.5 baths, 2,016 sqft single family home for sale at $249,900 in Robbinsdale MN 55422. At 20% down it rents for an estimated $2,050/mo and returns $266/mo a month at a 7.9% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$2,050/mo
Monthly cash flow
$266/mo
Cap rate
7.9%
Cash-on-cash
6.4%
Max offer
$242,000

Offer ≤ $242,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading